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 Replies: 8 / Views: 1,423 |
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Pillar of the Community
United States
1302 Posts |
As a veteran of this forum, I've often come across the kind of thread where one of our newer members asks if their coin is worth getting slabbed. Usually I side with those who through their experience and good sense say "no". I think that I was wrong doing so... http://www.coinweek.com/coin-gradin...man-to-fish/ |
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Bedrock of the Community
13014 Posts |
Great article. I couldnt agree more with the visual learner aspect.
Personally one of the thing I struggle with is trying to find the perfect coin for moderns. I can ball park thinks okay and can generally figure out whats worth a shot on but ms68-70 basically all looks the same to me. Heck some of my 69s I've gotten back have looked better than 70s I've seen although I suspect that may be a bit of grader bias.
But I couldnt agree more about grading is worth it if you think its worth it. Often times the advice comes from a purely financial stanpoint and sometimes and anti slab sentiment, I've been guilty of the financial advice but lately try and remember the first set I sent in and how exciting it was.
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Valued Member
Canada
95 Posts |
I think this article is right on. As a noob I try to grade coins and am often tempted to get one slabbed, just to see if I'm catching on, or deserve a dunce cap. Great article.
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Pillar of the Community
United States
1436 Posts |
I have been collecting for almost 3 years now, mostly raw coins & tokens. Being on a fairly limited budget, my thinking was always buy, buy, buy, NOT grade, grade, grade. At the recent ANA show in Orlando a few weeks ago, I finally decided to have a couple of my nicer coins sent in for grading by a dealer friend of mine. You are correct in the fact that the first time around it is a highly anticipated and exciting time... waiting to get them back & see what they grade out at. We'll see how it turns out. Hopefully for the best :-) |
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Bedrock of the Community
13014 Posts |
Dave best of luck with the grading. Often times the anticipation is the best part when you see the results lol but it still is very exciting.
Personally I would want any high value coin graded anyway regardless of whether or not I'd think it would increase its value
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Valued Member
United States
56 Posts |
IMO, right on with the article. I find myself as a kind of amalgamation of both an experience based and visual learner and, being shy, I tend to bail when it comes time to have a orgy of responses on what something is and isn't. So while there's an insane amount of valuable info in the forums I can totally see that the "don't bother grading" argument could discourage people but on that note (and maybe this is grounds for another great article!) what about the opposite being true as well? ex. a n00b overvalues their limited judgement and cites that the TPG is wrong because he/she has read on the forums all of the posts about how TPG's evaluations are seemingly arbitrary and, therefore, becomes similarly discouraged? I suppose if the noobie in question is going to overvalue their judgement anyway it wouldn't matter but still...could the plethora of "this coin is graded at 70 but looks like a 68" statements still act as a bizarre existential crisis inducer even to the innocent n00b? Sorry about the compliment and then the question but that's sort of the issue I've been dealing with as of late. |
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Pillar of the Community
 United States
1302 Posts |
@studio- I always find the MS-69 / MS-70 part of the spectrum one of those highly speculative propositions. It's something I personally would rather not do too much b/c I've never had a commemorative come back as a 70 and I'd much rather buy want I want when it came to that kind of coin. as for business strikes? I learn alot each time I submit coins.
When I write my articles I try to find a voice that speaks to collectors who aren't dealers or market makers- but from a perspective of figuring things out and sharing what I've found so far...
thanks for the comments!
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Valued Member
United States
56 Posts |
@cc99999 Thanks for the reply! That's sorta what I started to realize as I was typing but I figured I'd persist in my random questions just in case I was actually on to something   |
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Bedrock of the Community
United States
20753 Posts |
For me the actual grade of a coin is not really important. And as to slabbing, there too I am a coin collector, not a plastic collector. I have no slabbed coins and possibly never will. Any coins I purchase in a slab, I break out for an Album. Once a collector accumulates thousands of coins, having them in slabs becomes a bit to much of a room taker upper.
Almost any time anyone says should I have this coin graded and slabbed I normally say no. For me, at least, it is so much more to be able to see all the coins in one place, an Album.
However, for those only interested in a possible selling of a coin or coins, slabbing normally does bring a higher price.
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Replies: 8 / Views: 1,423 |
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Posted 07/25/2012 2:28 pm
